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Real estate in Memphis’ Parkway Village neighborhood.

Compare top Parkway Village real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Parkway Village real estate Market Report.

Information and statistics on the latest trends in the Parkway Village real estate market. *

Latest Rolling 3-Month Snapshot

Jun 1, 2026 - Aug 31, 2026

Median sale price
$130K
-12% from Q2 '26
Median list price
$129K
-8% from Q2 '26
Active listings
236
+15% from Q2 '26
Homes sold
66
-8.3% from Q2 '26
New pendings
94
+31% from Q2 '26
New listings
146
+36% from Q2 '26

Quarterly Pricing Trends for Parkway Village

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Parkway Village Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $114K Median sale price in Oct 2021 - Dec 2021: $118K Median sale price in Jan 2022 - Mar 2022: $125K Median sale price in Apr 2022 - Jun 2022: $133K Median sale price in Jul 2022 - Sep 2022: $125K Median sale price in Oct 2022 - Dec 2022: $131K Median sale price in Jan 2023 - Mar 2023: $128K Median sale price in Apr 2023 - Jun 2023: $128K Median sale price in Jul 2023 - Sep 2023: $120K Median sale price in Oct 2023 - Dec 2023: $116K Median sale price in Jan 2024 - Mar 2024: $130K Median sale price in Apr 2024 - Jun 2024: $130K Median sale price in Jul 2024 - Sep 2024: $142K Median sale price in Oct 2024 - Dec 2024: $130K Median sale price in Jan 2025 - Mar 2025: $120K Median sale price in Apr 2025 - Jun 2025: $150K Median sale price in Jul 2025 - Sep 2025: $140K Median sale price in Oct 2025 - Dec 2025: $135K Median sale price in Jan 2026 - Mar 2026: $131K Median sale price in Apr 2026 - Jun 2026: $148K Median list price in Jul 2021 - Sep 2021: $120K Median list price in Oct 2021 - Dec 2021: $117K Median list price in Jan 2022 - Mar 2022: $125K Median list price in Apr 2022 - Jun 2022: $129K Median list price in Jul 2022 - Sep 2022: $137K Median list price in Oct 2022 - Dec 2022: $140K Median list price in Jan 2023 - Mar 2023: $139K Median list price in Apr 2023 - Jun 2023: $135K Median list price in Jul 2023 - Sep 2023: $118K Median list price in Oct 2023 - Dec 2023: $150K Median list price in Jan 2024 - Mar 2024: $136K Median list price in Apr 2024 - Jun 2024: $145K Median list price in Jul 2024 - Sep 2024: $135K Median list price in Oct 2024 - Dec 2024: $120K Median list price in Jan 2025 - Mar 2025: $139K Median list price in Apr 2025 - Jun 2025: $130K Median list price in Jul 2025 - Sep 2025: $137K Median list price in Oct 2025 - Dec 2025: $144K Median list price in Jan 2026 - Mar 2026: $136K Median list price in Apr 2026 - Jun 2026: $140K Jul 2021 - Sep 2021 Median sale price $114K Median list price $120K Oct 2021 - Dec 2021 Median sale price $118K Median list price $117K Jan 2022 - Mar 2022 Median sale price $125K Median list price $125K Apr 2022 - Jun 2022 Median sale price $133K Median list price $129K Jul 2022 - Sep 2022 Median sale price $125K Median list price $137K Oct 2022 - Dec 2022 Median sale price $131K Median list price $140K Jan 2023 - Mar 2023 Median sale price $128K Median list price $139K Apr 2023 - Jun 2023 Median sale price $128K Median list price $135K Jul 2023 - Sep 2023 Median sale price $120K Median list price $118K Oct 2023 - Dec 2023 Median sale price $116K Median list price $150K Jan 2024 - Mar 2024 Median sale price $130K Median list price $136K Apr 2024 - Jun 2024 Median sale price $130K Median list price $145K Jul 2024 - Sep 2024 Median sale price $142K Median list price $135K Oct 2024 - Dec 2024 Median sale price $130K Median list price $120K Jan 2025 - Mar 2025 Median sale price $120K Median list price $139K Apr 2025 - Jun 2025 Median sale price $150K Median list price $130K Jul 2025 - Sep 2025 Median sale price $140K Median list price $137K Oct 2025 - Dec 2025 Median sale price $135K Median list price $144K Jan 2026 - Mar 2026 Median sale price $131K Median list price $136K Apr 2026 - Jun 2026 Median sale price $148K Median list price $140K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
25
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jun 2026 - Aug 2026).

Home prices in Parkway Village have edged down on a rolling three-month basis, with the typical home value near $130,000 and slightly lower than a year ago, while also dipping more sharply compared with early summer. This softening contrasts with the broader Memphis area, where prices are higher overall but have also slipped year over year. Buyers here are seeing more room to negotiate, as the average sale-to-list ratio sits just under 97 percent, a bit higher than last year but still below full asking price. At the same time, only about 16 percent of recent sales closed above list, down notably from a year earlier.

Listing and contract activity tells a story of expanding choice but slower turnover. Active listings are up strongly from last year, and months of supply has climbed to around 5.8 months, more than doubling from late 2024 and slightly above the Memphis-wide level. Homes are taking longer to sell than a year ago, with the median days on market now in the mid-30s.

While some properties still go off the market within two weeks, a growing share is staying available longer, giving buyers additional time to compare options. New listings and pending sales have held roughly steady year over year, suggesting that demand is still present but more measured than in past seasons. With prices easing and inventory higher, local conditions look more flexible for negotiations on both sides. Buyers and sellers who want to navigate these shifting dynamics can turn to Agent Pronto to connect with a Parkway Village real estate agent who understands this market.



Learn more about what Parkway Village has to offer.

Parkway Village offers residents a welcoming, well‑connected community with tree-lined streets, easy access to parks and schools, convenient shopping, and a friendly, family‑oriented atmosphere.

Parkway Village often suits buyers looking for practical value and everyday convenience. Located in southeast Memphis, it appeals to first time homeowners, investors, and long term residents who want solid square footage, mature streets, and quick access to major routes like I 240 and Bill Morris Parkway for commuting across Memphis.

Housing options range from modest brick ranch homes to larger postwar properties suitable for multi generational living. Many streets attract renters and owner occupants alike, creating opportunities for both investors and buyers planning to stay put. Proximity to the University of Memphis and Christian Brothers University can be a plus for those interested in student or faculty rentals, while families often appreciate access to Memphis-Shelby County Schools.

Daily needs are covered by nearby shopping on American Way and Perkins, with larger options in East Memphis and along Poplar Corridor. Green space is within reach at Audubon Park and Lichterman Nature Center, while dining and entertainment in Midtown and Downtown remain an easy drive.

Because Parkway Village shifts block by block, from quieter owner occupied pockets to streets with heavier rental activity, having a real estate agent who knows the neighborhood level details is crucial. Agent Pronto can connect both buyers and sellers with a local expert who understands pricing, condition, and opportunity on each street in Parkway Village.

Find your Parkway Village real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Kaitlyn did an incredible job. She was always available, quick to respond and gave great advice. She is very knowledgeable of the area and helped us out even after the sale was complete. I can't say enough good about her. She is the only agent I will use and recommend in East Tennessee. Thanks for the great service.”

Charles Phillips · Bulls Gap, TN

Photo of Katelyn Warren
Castle & Associates Real Estate
“Shawn is a helpful , knowledgeable, intelligent and easy working with him”

Qussay Al Janabi · Antioch, TN

Photo of Shawn Wright
Century 21 Wright Realty
“When my wife and I set out on our homebuying journey we were nervous about teaming up with the right Realtor. Then we found Jeremiah. Jeremiah is knowledgeable, personable, and a genuinely good guy. He helped us every step of the way through the homebuying process. My wife and I are so thankful and grateful to have had Jeremiah on our team. He is the best of the best.”

Jacob Kimbrough · Mount Carmel, TN

Photo of Jeremiah Frank
Epique Realty
“Brooke sold us two properties, one rural hunting property that will be built on someday and a residential property until then. She serviced both spectrums for us.”

Jerry · Church Hill, TN

Photo of Brooke Shelton
Century 21 Legacy
“Brad was wonderful to work with. He was very patient with us on trying to find our forever home. I would recommend him to anyone who wants someone who listens to you.”

Sue · Shelbyville, TN

Photo of Brad Fowler
Century 21 Wright Realty
“This was the third time dealing with David Edwards and I will always work with David should the opportunity arise again! He is honest and professional and I trust him completely!”

Margaret Rice · Erwin, TN

Photo of David Edwards JR
CENTURY 21 Legacy
“Mike was an excellent agent to work with. He went above and beyond to find out all the information on the property details and answers to all questions we had. He was available anytime we needed. We would recommend him to anyone interested in purchasing or selling a home. He is the best!!”

Robin Cloyd · Jonesborough, TN

Photo of Creation Properties
Century 21 Legacy
“Tracey is the best realtor. She makes stressful negotiations a breeze from start to finish. She is professional but adds her personal touch to all communications and transactions to make you feel like family. I have used Tracey for over 10 years in buying and selling several homes. I would never use another realtor in buying or selling my home.”

Candi Johnson · Talbott, TN

Photo of Tracey Bright
RE/MAX Real Estate Ten Midtown
“Misty was an absolute pleasure to work with! She went above and beyond in the entire home buying process. Misty went out of her way to meet with us to view several potential properties on short notice. Her insight and knowledge were critical in informing my decisions. She walked me through the tough negotiations so I could navigate them confidently. Myself and my family are truly thankful for her help in finding our home!”

Justin Volmos · Waverly, TN

Photo of Misty Kinney
Century 21 Platinum Properties
“I contacted Pronto because we needed to sell a deceased relative's home in Tennessee, while we live in Ohio. Agent Pronto put us in touch with two agents, and we chose Amber Vittetoe who was nothing short of fabulous. She provided us with many resources that we wouldn't have known about since we're not local, and she was extremely responsive 24/7. We couldn't have asked for a better agent. Thank you!”

Sue H. · Sevierville, TN

Photo of Amber Vittetoe
MG Rise Realty
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”

Dalton Pharris · Mount Juliet, TN

Photo of First Class Real Estate
Keller Williams First Class Real Estate
“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”

Burke · Cosby, TN

Photo of Jessica Weston
Realty One Group Emerald Coast
“Mr. Black made it so for us.”

David Bailey · Palmyra, TN

Photo of Christian Black Team
Century 21 Platinum Properties
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”

Dion Price · Whiteville, TN

Photo of Betty McGaughey
eXp Realty
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”

Kristen Curtis · Clarksville, TN

Photo of Marie LaVoise
CENTURY 21 Platinum Properties
“Rolanda was absolutely wonderful to work with during the selling process. She was professional, knowledgeable, resourceful, and patient. She ensured that I was represented well and every step of the way. I highly recommend Rolanda to friends, family, or associates.”

Laurie Rowe Walker · Chattanooga, TN

Photo of Rolanda Pullen Daniel
Coldwell Banker Pryor Realty
“Rasa Baldino proved to be an excellent realtor and was wonderful to work with. She offered valuable recommendations regarding the decor and appearance of our cabin. We implemented those recommendations which helped attract potential buyers and the cabin sold quickly thereafter. We have recommended Rasa to others and will definitely use her again should the opportunity arise.”

Curt 26 Shannon · Pigeon Forge, TN

Photo of Ralph & Rasa Baldino
Century 21 MVP
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”

Brenda M. · Olive Branch, MS

Photo of Kim Townsend
Century 21 Patterson & Associates
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”

Gail Mullican · Smithville, TN

Photo of Candy Vaughn
Keller Williams Realty
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”

TK · Nashville, TN

Photo of Nashville Advantage
EXP Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Parkway Village. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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